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Southwall signs new contract with Saint-Gobain Sekurit

Southwall Technologies Inc., a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, announced 28 January 2004 the s…

Southwall Technologies Inc., a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, announced 28 January 2004 the signing of a new two-year agreement with Saint-Gobain Sekurit, a worldwide leader in the production of automotive glass, for the purchase of Southwall XIR(R) solar control films. Under the terms of the deal, Saint-Gobain Sekurit will purchase more than USD 14 million of XIR(R) 70 and XIR(R) 75 film between 1 January 2004 and 31 December 2005. Optional volumes available in the final year could increase the total contract value by as much as 30%. This agreement follows a previous two-year agreement between the companies, which expired on 31 December 2003. “This contract represents an important extension of our ongoing business with Saint-Gobain Sekurit,” said Dennis Capovilla, Southwall vice president of worldwide sales. “They are a very important customer in the automotive space for Southwall. We consider the new contract a tremendous vote of confidence from both Saint-Gobain Sekurit and the key European automakers it supplies.” “Southwall has been supplying solar control films to Saint-Gobain Sekurit for more than eight years,” added Kevin Walker, Southwall vice president of worldwide marketing. “We are very pleased to continue our partnership in the automotive laminated glass market with one of the leaders in the field.” Southwall Technologies Inc., designs and produces thin film coatings that selectively absorb, reflect or transmit light. Southwall products are used in a number of automotive, electronic display and architectural glass products to improve optical and thermal performance characteristics, enhance user comfort and reduce energy costs. Southwall is an ISO 9001:2000-certified manufacturer and exports thin film coatings to over 25 countries around the world. Saint-Gobain Sekurit is a leader in the innovation and manufacture of high quality glazing solutions.

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